Keywords: artificial intelligence, AI, real-time, AI pipelines, online learning, optimization, adaptive planning, business impact
Summary:The Digital Age has left all industries well instrumented and data rich. AI has spread from physical processes to business processes across the entire enterprise in most industries. Detectors and classifiers can be wired up to real-time and unstructured data streams allowing centralized monitoring and diagnostics centers to quickly predict operating failures, determine the root cause and take remediating action before they occur. AI-based inventory and production optimization systems are combining process optimization systems with market predictions to extract even more recurring economic value. Though there is great potential and opportunity, many enterprises struggle with how to drive value from data and impact business outcomes. With more than 25 years of experience in industrial applications of AI, Dr. Curt Lefebvre will review the challenges, key learnings, successes and opportunities of applying AI at scale in the real world to deliver recurring economic value. Curt Lefebvre, Ph.D., is a pioneer in operationalizing artificial intelligence to solve industrial-scale problems. He is the founder and CEO of nDimensional, a company that empowers enterprises to rapidly extract measurable business value from real-time data and build industrial strength AI solutions for monitoring, diagnostics, prediction, optimization and adaptive planning. nDimensional’s core product, nD, is the culmination of Curt’s vision from more than 25 years of experience architecting AI platforms and solutions. Prior to nDimensional, Curt was the founder and CEO of NeuCo, Inc., a leader in the application of AI to optimize electric power plants. NeuCo leveraged data that was already being collected from sensors to build predictive models of critical business outcomes (i.e. fuel efficiency and pollution) and optimize key operating variables (i.e. the fuel-to-air ratio at the burners or the type of fuel being burned) in closed-loop. Prior to NeuCo, Curt was a co-founder and CEO of NeuroDimension Inc., a trailblazer for neural network development software. Curt also co-authored the textbook "Neural and Adaptive Systems: Fundamentals Through Simulations" (ISBN: 0471351679). He holds a B.S. in Electrical Engineering from the State University of New York at Binghamton, and Electrical Engineering M.S. and Ph.D. degrees from the University of Florida and holds 10 patents all relating to artificial intelligence (listed in PDF).